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Dec 4, 2012
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a little bit of that was the replacement of cars from superstorm sandy. that is really good news there for the auto sector. the markets have been down lately. we had average to poor manufacturing data out of the u.s. in the last 24 hours as well. also keep an eye on the big accounting companies as well. the sec is taking aim at them allegedly haven't handed over the documents that the sec wants to see in relation to chinese companies listing in canada and the united states when those companies listed very often they performed really badly amid accounting issues as well. the sec taking aim at the accountants. >> all right, steve. >> actually, the london markets today are going to be crazy. when you talk to steve about that. >> out of hand. >> a lot of big news going on over there. >> yeah. i'm sort of -- >> popping, explode. >> i don't know how i feel about reporting on these things. >> then let me do it. it's official, kate middleton, the duchess of cambridge is pregnant. they went public with the news yesterday earlier than they wanted to because kate wa
a little bit of that was the replacement of cars from superstorm sandy. that is really good news there for the auto sector. the markets have been down lately. we had average to poor manufacturing data out of the u.s. in the last 24 hours as well. also keep an eye on the big accounting companies as well. the sec is taking aim at them allegedly haven't handed over the documents that the sec wants to see in relation to chinese companies listing in canada and the united states when those companies...
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Dec 7, 2012
12/12
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talking about sandy, there seems to be a lack of sandy effect as some had thought initially. we see a pullback, a little less than half of a percent. we have positive indications there that says the job market is doing better, too. what's your thought here? what drove this unexpected gain in jobs, basically double what some consensus numbers were? >> i think part of it is the data in which it was collected. we had an early thanksgiving so seasonal hiring for the holidays offset the superstorm sandy. in addition, i think -- and where i would differ from jared just a little bit and we rarely do -- the underlying economy is consideri considerably stronger. if you take into account the number of baby boomers that are retiring, that has not been talked about and does effect the labor force participation rate. the broadest measure of unemployment, the unemployed and those who left the workforce fell to 14.7%. so i think things are getting better. what i'm most afraid of is the type of talk we heard from speaker boehner and maxine waters. they are taking us to the cliff on both side
talking about sandy, there seems to be a lack of sandy effect as some had thought initially. we see a pullback, a little less than half of a percent. we have positive indications there that says the job market is doing better, too. what's your thought here? what drove this unexpected gain in jobs, basically double what some consensus numbers were? >> i think part of it is the data in which it was collected. we had an early thanksgiving so seasonal hiring for the holidays offset the...
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Dec 7, 2012
12/12
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>> i think that the economy dodged a bullet with hurricane sandy in a way we really weren't expecting. we were really expecting to see that hit much harder because it hit the week that they were taking the survey. the real concern with the economy now that you're hearing fl folks like mark zandy is that it's not consumers that are not spending, it's employers who are spending. business investment has been down year over year in the last two quarters as people do not, you know, invest in equipment or buy software because they have no idea what's happening to their tax rates in january. that's where people get nervous about what's going on. >> the uncertainty? >> yeah. >> blake, if there is a deal to avoid the so-called fiscal cliff, could these jobs numbers get considerable better? >> i think so, but it's funny. the republicans are in a bit of a box here. their motivation is to say it's not so good. a lot of jobless people out there. we have a real problem. meanwhi meanwhile, we have fiscal cliff negotiations where the president wants stimulus mechanisms including an extension of unemp
>> i think that the economy dodged a bullet with hurricane sandy in a way we really weren't expecting. we were really expecting to see that hit much harder because it hit the week that they were taking the survey. the real concern with the economy now that you're hearing fl folks like mark zandy is that it's not consumers that are not spending, it's employers who are spending. business investment has been down year over year in the last two quarters as people do not, you know, invest in...
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Dec 3, 2012
12/12
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about the hardship people in the new york area are facing from the ongoing devastation of hurricane sandy. a good way to help is a group in staten island. the website for that group is dratlasfoundation.com. the address is dr. theodore atlas foundation, 543 cary avenue, staten island but you get it through the website, dr.atlas foundation. they are doing great work. they're helping kids of these families get through the holidays, helping in all the ways the government doesn't and needs the help to fill in the cracks. there are other good causes out there this year. this one is a special one right now. we'll be right back. [ male announcer ] citi turns 200 this year. in that time there've been some good days. and some difficult ones. but, through it all, we've persevered, supporting some of the biggest ideas in modern history. so why should our anniversary matter to you? because for 200 years, we've been helping ideas move from ambition to achievement. and the next great idea could be yours. ♪ [ male announcer ] jill and her mouth have lived a great life. but she has some dental issues s
about the hardship people in the new york area are facing from the ongoing devastation of hurricane sandy. a good way to help is a group in staten island. the website for that group is dratlasfoundation.com. the address is dr. theodore atlas foundation, 543 cary avenue, staten island but you get it through the website, dr.atlas foundation. they are doing great work. they're helping kids of these families get through the holidays, helping in all the ways the government doesn't and needs the help...
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Dec 4, 2012
12/12
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about the hardship people in the new york area are facing from the ongoing devastation of hurricane sandy. a good way to help is a group in staten island. the website for that group is dratlasfoundation.com. the address is dr. theodore atlas foundation, 543 cary avenue, staten island, but you can get it through the website, dratlasfoundation. they are doing great work. they're helping kids of these families get through the holidays, helping in all the ways the government doesn't and needs the help to fill in the cracks. there are other good causes out there this year. this one is a special one right now. we'll be right back. you know, from our 4,000 television commercials. yep, there i am with flo. hoo-hoo! watch it! [chuckles] anyhoo, 3 million people switched to me last year, saving an average of $475. yeah, i'm kind of a big deal. [sigh] it feels good to help people save... with great discounts like safe driver, multicar, and multipolicy. 731, 732... you want my number, don't you? call 1-800-progressive right now. or visit progressive.com for an extra $50 online savings. thirsty? 'caus
about the hardship people in the new york area are facing from the ongoing devastation of hurricane sandy. a good way to help is a group in staten island. the website for that group is dratlasfoundation.com. the address is dr. theodore atlas foundation, 543 cary avenue, staten island, but you can get it through the website, dratlasfoundation. they are doing great work. they're helping kids of these families get through the holidays, helping in all the ways the government doesn't and needs the...
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Dec 4, 2012
12/12
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about the hardship people in the new york area are facing from the ongoing devastation of hurricane sandy. a good way to help is a group in staten island. the website for that group is dratlasfoundation.com. the address is dr. theodore atlas foundation, 543 cary avenue, staten island, but you can get it through the website, dratlasfoundation. they are doing great work. they're helping kids of these families get through the holidays, helping in all the ways the government doesn't and needs the help to fill in the cracks. there are other good causes out there this year. this one is a special one right now. we'll be right back. my name is marjorie reyes, and i'm a chief warrant officer. i love the fact that quicken loans provides va loans. quicken loans understood the details and guided me through every step of the process. i know wherever the military sends me, i can depend on quicken loans. cool, you found it. wow. nice place. yeah. [ chuckles ] the family thinks i'm out shipping these. smooth move. you used priority mail flat-rate boxes. if it fits, it ships for a low, flat rate. paid for
about the hardship people in the new york area are facing from the ongoing devastation of hurricane sandy. a good way to help is a group in staten island. the website for that group is dratlasfoundation.com. the address is dr. theodore atlas foundation, 543 cary avenue, staten island, but you can get it through the website, dratlasfoundation. they are doing great work. they're helping kids of these families get through the holidays, helping in all the ways the government doesn't and needs the...
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Dec 4, 2012
12/12
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fema's chief is appearing before a house panel on sandy. >>> providing counseling for that couple, jovanbelcher and as they mourn for their loved ones. >> as a family, no words can express the sorrow that we feel for can kasandra and jovan. we are overwhelmed with both sadness and contusion. >>> the flu season is off to an early start. the strain this year can make people sicker than other types and are your honoring the urging the public to get flu shots. >>> record high temps were broken from the great lakes to texas yesterday. temperatures in chicago even reached 70 degrees. >>> and the barefoot man who received new boots from a new york city cop is not actually homeless. police say that the 54-year-old man has an apartment paid through disability and veterans benefits. >>> we are following this developing news coming to us from iran. officials claiming that the iranian navy forces shot down a u.s. drone over the persian gulf earlier this morning. a spokesman for the u.s. says there are no missing drones. what are you hearing about how all this all happened and the public declaration that th
fema's chief is appearing before a house panel on sandy. >>> providing counseling for that couple, jovanbelcher and as they mourn for their loved ones. >> as a family, no words can express the sorrow that we feel for can kasandra and jovan. we are overwhelmed with both sadness and contusion. >>> the flu season is off to an early start. the strain this year can make people sicker than other types and are your honoring the urging the public to get flu shots. >>>...
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Dec 7, 2012
12/12
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. >> this next picture is superstorm sandy. the president with mike bloomberg and janet napolitano touring the damage. you can just imagine how grim that tom donlon -- i'm not sure if tom is also in the picture. you can see what they're looking at. >> right. you know, the one that -- he's not in this picture, but what jumps in my mind is the criticism that chris christie got over saying nice things when president obama went up to new jersey to tour the devastation. i just think the seriousness that's conveyed in this picture, i almost never say this. there are things in which politics takes a very far back seat. this is one of them. >> take a look at the next picture. we were talking a few minutes ago about possible cabinet choices. there's dennis mcdone noug on the right and jack lou is if he's the treasury secretary and tom lon lan, the national security adviser. the president is so comfortable with these insiders. these are great pictures by pete suza. look at air force one. the president is in marine one coming in behind. t
. >> this next picture is superstorm sandy. the president with mike bloomberg and janet napolitano touring the damage. you can just imagine how grim that tom donlon -- i'm not sure if tom is also in the picture. you can see what they're looking at. >> right. you know, the one that -- he's not in this picture, but what jumps in my mind is the criticism that chris christie got over saying nice things when president obama went up to new jersey to tour the devastation. i just think the...